Nvidia and GameStop Surge Amid Market Volatility

1 min read
Source: Benzinga
Nvidia and GameStop Surge Amid Market Volatility
Photo: Benzinga
TL;DR Summary

US stocks showed mixed performance as Nvidia's surge lifted chipmakers, while GameStop spiked and Moderna tumbled. Nvidia's shares rose over 6% due to Elon Musk's xAI plans, and Arm Holdings increased nearly 10% following a bullish note. The S&P 500 and tech sector were flat, while the Dow Jones fell 0.5%. Treasury yields rose, and U.S. home prices hit new highs. Oil prices increased, and Bitcoin fell 2.4%. Major movers included GameStop, Moderna, Norwegian Cruise Holdings, Celsius Holdings, HubSpot, and DraftKings.

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